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Digital currencies: how do they work and what makes them different?

42,835 views

Bank of England

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (UK)

Speech Time:

95%
  • 3:53 / 4:04

Speech Rate:

  • 173 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

recently

/ˈrēs(ə)ntlē/

recently
adverb

Just a while ago; not long ago.

underpin

/ˌəndərˈpin/

underpin
verb

support building or other structure from below by laying solid foundation below ground level.

existing

/iɡˈzistiNG/

existing
adjective verb

in existence or operation at current time. To be present, alive or real.

written

/rīt/

written
adjective other verb

Expressed using writing. To invent or create a computer program. To compose letters and words on paper of a screen.

currency

/ˈkərənsē/

currency
noun

Money system that a country uses.

agreeing

/əˈɡrē/

agreeing
verb

have same opinion.

traditional

/trəˈdiSH(ə)n(ə)l/

traditional
adjective

Involved in a custom or event common to a people.

systems

/ˈsistəm/

systems
noun other

set of things working together as parts of mechanism. Sets of organized planned ideas that work together.

changes

/CHānj/

changes
noun other verb

act or process bringing change. Exchanges of one set of clothes for another. To exchange one kind of money for another.

emergence

/əˈmərjəns/

emergence
noun

The process of emerging, coming out.

different

/ˈdif(ə)rənt/

different
adjective

not same as another or each other.

includes

/inˈklo͞od/

includes
verb

To make someone, something part of a group.

through

/THro͞o/

through
adjective adverb preposition

continuing or valid to final destination. expressing movement into one side and out of other side of opening etc.. Over, in, across an entire thing or place.

deposits

/dəˈpäzət/

deposits
noun other verb

sum paid into bank. Concentrations of minerals left by a river. (Of rivers) to leave a layer of minerals, etc..

records
records
noun other verb

thing constituting piece of evidence about past. Highest or most extreme levels achieved. To indicate a temperature, speed, etc.; register.

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